Solabia acquired a majority stake in BioActor B.V.
This strategic investment will allow Solabia to benefit from a wider range of ingredients and from BioActor’s expertise, strengthening its nutrition division. This partnership will also support BioActor’s continued focus on R&D and product development, as well as the expansion of its production capabilities, enabling the company to serve the increasing global demand for its products, according to a press release. BioActor will become a centre of excellence for innovation and clinical research within Solabia’s nutrition division. The deal will allow both companies to benefit from the combined network and expertise, as well as to access new marketing channels and an expanded customer base.
ADM opened a new production facility in Valencia, Spain.
Carman Ranch has been verified as “Regenified Tier 3”
ByHeart acquired an additional manufacturing facility
This will enable the next-generation baby nutrition company to scale production capacity of its infant formula and increase domestic infant formula supply. Recognizing that the formula industry, which historically has been dominated by three players who control 90% of the market, was in need of change, ByHeart founders Ron Belldegrun and Mia Funt began working with DairiConcepts' FDA-registered facility in Allerton, Iowa, in 2018 to proactively build redundancy into their production ecosystem.
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